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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

4656 articles from Manila Times Business

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Manila Times Business

Pinglu Canal connects rivers, sea, and new opportunities

BEIJING, Sept. 20, 2026 /PRNewswire/ -- A report from People's Daily The Pinglu Canal officially opened to navigation on Sept. 16. As a landmark infrastructure linking the Belt and Road Initiative and the New International Land-Sea Trade Corridor, it is China's first major canal constructed since 1949 to directly connect inland waterways to the sea. Stretching 134.2 kilometers, this waterway offers southwest China its shortest, most cost-effective, and most convenient outlet to the sea, carving

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Manila Times Business

GameSir Announces Official Fortnite Mobile Controller Collection

Officially Licensed Fortnite Edition Mobile Controllers Deliver Console-Level Precision and Premium Collectible Designs ORLANDO, Fla., Sept. 20, 2026 /PRNewswire/ -- GameSir, a global leader in gaming peripherals, announced its collaboration with Fortnite, introducing an all-new collection of officially licensed mobile controllers that combine GameSir's award-winning technology with one of the world's most iconic games. GameSir Official Fortnite Mobile Controller Collection Launching with the Ga

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Manila Times Business

Kim Chiu’s sister Lakam arrested over 124 qualified theft counts

MANILA, Philippines — Lakambini “Lakam” Chiu, sister of actress Kim Chiu, was arrested Sunday in Mandaluyong City in connection with 124 counts of qualified theft filed against her by the actress. The Quezon City Police District arrested Lakam, 45, at about 4:06 p.m. in Barangay Wack Wack, Mandaluyong City, based on a warrant issued by the Quezon City Regional Trial Court Branch 84. The court set a recommended bail of P5.838 million for her temporary liberty. The arrest came af

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Manila Times Business

Global Youth Summit 2026 – Four cities, 4,000 young Filipinos, one shared stake in the country’s future

MANILA, Philippines – Four cities and 4,000 young Filipinos came together for one shared purpose as the Global Youth Summit 2026 (GYS 2026) concluded its nationwide run on Aug. 27, 2026. Affirming the role of the youth in building a stronger and more inclusive country, the 14th edition of GYS was co-organized by SM Cares and the Global Peace Foundation to inform and empower Filipino next generation Filipinos –equipping them for real life through accessible channels nationwide. More t

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Manila Times Business

Trump says his planned arch would become a 'military complex' able to host drones and snipers

WASHINGTON, United States — President Donald Trump said Sunday that the massive arch he wants to build between the Lincoln Memorial and Arlington National Cemetery would become a “top grade military complex” able to host drones and snipers while storing ammunition. It is one more example of how Trump is insisting that his initiatives to beautify the White House and the city are also serving a defensive purpose. Trump has been calling the new White House ballroom a “milita

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Manila Times Business

Iridium Development Strengthens Florida Operations and Seeks Experienced Project Management Talent

Employee-owned Florida builder seeks experienced construction professionals to support its growing portfolio of luxury residential projects across the state Official logo mark for Florida custom home builder Iridium Development Inc. ST. PETERSBURG, Fla., Sept. 20, 2026 (GLOBE NEWSWIRE) -- Iridium Development Inc., a Florida-based custom home builder and general contractor specializing in luxury residential construction, announced plans to strengthen its operations across Florida while seeking ex

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Manila Times Business

Ex-England ace Townsend run over by pitch roller in Thailand

BANGKOK, Thailand — Former England international Andros Townsend was partially run over by a pitch roller in Thai football, but avoided serious injury in the bizarre incident. The 35-year-old former Spurs winger was warming up for PT Prachuap's game at Pattani on Saturday when the driver lost control of the vehicle. Townsend went down under the heavy roller, with the driver only stopping once the player's legs were trapped. In footage which has since been widely shared online, Townsend att

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Manila Times Business

iSpring Supports Fall Home Upgrades with Special Savings on Water Filtration Solutions

Cumming, Georgia, United States, September 20, 2026 -- As the crisp autumn air arrives, so does a unique opportunity to refresh the home and create a more comfortable environment for the entire family. To support seasonal lifestyle upgrades, iSpring Water Systems, a leader in water filtration, is launching its exclusive Fall Sale from September 23 to October 7, 2026, offering special savings on reliable water filtration solutions. This event isn’t just about discounts; it reflects the company’s

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Manila Times Business

Germans arrested for Louvre stunt in Mona Lisa hall

PARIS — Two Germans were arrested Saturday after they stuck two paintings on a wall of the hall that hosts the Mona Lisa in Paris's Louvre museum, police sources said. The two men used sticky tape to stick the two paintings — measuring 30 by 40 cm — in the hall where visitors flock to see Leonardo Da Vinci's masterpiece. One showed one of the two men wearing armor, while the other was a portrait of the two men accompanied by a woman. Security officers at the museum detained the

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Manila Times Business

Marcos declares non-working days in 7 municipalities

MANILA, Philippines — President Ferdinand Marcos Jr. has issued a series of proclamations declaring special non-working days in different municipalities to allow residents to participate in the celebration of their respective festivities. September 21 was declared a special non-working holiday under Proclamation No. 1437 in Aguinaldo, Ifugao, moving the celebration from Sunday to Monday, the initial celebration date, so residents could fully participate in the town's founding anniversary.

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Manila Times Business

Que, 2 others return as ICTSI Negros blasts off

MANILA, Philippines – Angelo Que returns to the Philippine Golf Tour spotlight with his sights set on another championship, while Aidric Chan and multi-titled Clyde Mondilla also rejoin the hunt as a formidable field converges for the ICTSI Negros Occidental Classic beginning Monday (Sept. 21) at the Negros Occidental Golf and Country Club in Negros Occidental. Fresh from a 1-2 finish at Summit Point last week, Que and Chan had been uncertain about their participation in the sixth leg of t

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Manila Times Business

Wushu artist Agatha Wong places 10th in her "final" Asian Games campaign

MANILA, Philippines — Filipino wushu artist Agatha Wong failed to make the podium in what she said was her "last" Asian Games campaign at the Aichi Prefectural Martial Arts Hall in Japan Sunday. A 2018 bronze medalist in the 18th edition of the meet in Indonesia, Wong finished 10th in this 20th edition in the women's s taijiquan and taijijian final where she scored a total of 18.859 points. Wong said she will continue training for future competitions, but didn't give assurance whether or n

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Manila Times Business

Typhoon put people off Asian Games opening ceremony, official says

NAGOYA, Japan — Warnings of a typhoon partly explained why the Asian Games opening ceremony in Nagoya took place in front of thousands of empty seats, organisers said Sunday. Saturday's gala at the 30,000-capacity stadium officially launched the continent's premier sporting event, with Japan's emperor and empress in attendance. Fireworks brought the show to a rousing conclusion, but while parts of the arena were full, others were noticeably devoid of people. Olympic Council of Asia directo

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Manila Times Business

IOC president impressed by 'beautiful' Asian Games wooden huts

NAGOYA, Japan — IOC president Kirsty Coventry called the shipping container-style huts for Asian Games athletes "beautiful" on Sunday -- but conceded they were "a little tighter" than similar accommodation at the Milan-Cortina Winter Olympics. Asia's biggest sporting spectacle, which opened on Saturday in the Japanese city of Nagoya, has split with past Games by having no traditional athletes' village. To save costs, the more than 17,000 Asian Games participants will stay in temporary huts

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Manila Times Business

Arances, Caluya earn Elite honors; Ramoga, Lim shine in Damosa 5150

MANILA, Philippines – Edgie Arances and Anisha Caluya turned in standout performances to claim top honors in the Filipino Elite Category of the Damosa Land 5150 Triathlon on Sunday, emerging as the leading Filipino performers in the demanding Olympic-distance race here in Davao del Norte. Arances was particularly dominant, combining a strong swim, blistering bike leg and steady run to capture the Filipino Elite crown in two hours, 13 minutes and five seconds, beating Al-Rasheim Saggap (2:1

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Manila Times Business

US fears rapid escalation in Mideast after Houthis attack Riyadh

RIYADH, Saudi Arabia — The United States warned Saturday that hostilities between Saudi Arabia and Iran-backed Houthis could "escalate rapidly" after a missile attack targeted Riyadh for the first time since the Yemen conflict resumed. US President Donald Trump cut short a weekend at Camp David, a secluded presidential complex in rural Maryland, to return unexpectedly to the White House on Saturday. The White House gave no explanation for the early return, which comes as a new threshold wa

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Manila Times Business

Huawei Grid-Interactive AIDC Solution: Shaping the New Paradigm of AI Infrastructure

SHANGHAI, Sept. 20, 2026 /PRNewswire/ -- HUAWEI CONNECT 2026 kicked off in Shanghai, The HUAWEI AIDC Facility Summit was held alongside the event. Huawei unveiled its grid-interactive AIDC solution, setting a new paradigm for AI infrastructure to maximize tokens per watt. Hou Jinlong, Director of the Board of Huawei, President of Huawei Digital Power Hou Jinlong, Director of the Board of Huawei and President of Huawei Digital Power, delivered the opening speech at the summit. He shared four insi

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Manila Times Business

BioShanghai Week 2026 Opens -- Joining Forces to Build a Global Biopharmaceutical Innovation Ecosystem

SHANGHAI, Sept. 20, 2026 /PRNewswire/ -- A news report from Yicai Global: On September 17, the BioShanghai Week 2026 opened at Zhangjiang Science Hall in Shanghai. Themed "AI for Biopharma, Health for All," this year's event brings together innovation resources from around the world to foster an open, collaborative innovation ecosystem for the biopharmaceutical industry. The opening ceremony marked the launch of the "Connect Globally: Shanghai-London Life Sciences Innovation Partnership." The ce

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Manila Times Business

Eumir Marcial to skip Asian Games

MANILA, Philippines — Filipino Olympic boxer Eumir Marcial will sit out the 20th Asian Games in Nagoya, Japan, despite coming off a dominant third-round knockout victory against American Omar Huerta in San Diego, California. Following a joint decision with the Association of Boxing Alliances of the Philippines (ABAP), Marcial agreed to forgo his Asiad campaign to avoid a grueling travel schedule and rapid transition back to amateur competition. ABAP president Marcus Jarwin Manalo explained

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Manila Times Business

Ateneo law student falls from building, dies

MANILA, Philippines — A freshman student of the Ateneo de Manila Law School died after he fell from the fourth floor of a condominium building in Taguig City. The Taguig City Police said that the incident took place at about 10 a.m. on Sept. 18, 2026. The 24-year old victim died on the spot. Taguig City Police chief Col. Julius Anoñuevo said they are investigating if the death is a case of suicide. Anoñuevo said that when police investigators arrived at the scene, they found

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Manila Times Business

Saudi Arabia confirms Yemen's Houthi rebels tried to attack its capital with a ballistic missile

CAIRO, Egypt— Saudi Arabia on Saturday confirmed that Yemen’s Houthi rebels tried to attack its capital with a ballistic missile, the first targeting of Riyadh since the escalation in fighting with the Tehran-backed rebels that has opened a new front in the Iran war. The statement by the Saudi-led coalition fighting the Houthis came long after the dawn attempt, which the coalition said was intercepted. Some residents in Riyadh heard an explosion. Later, some saw a plume of smoke near the airport

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Manila Times Business

Marcial scores 3rd round KO of Huerta

MANILA, Philippines — Eumir Marcial scored a third-round knockout victory against Omar Huerta in their middleweight bout at the Pechanga Arena in San Diego, California Sunday morning in Manila. The Filipino Olympic boxer unleashed a right counter hook to send the American pug to the canvas at the 1:54 mark of the third round. Huerta could not beat the 10-second count as the official declared the fight finished. Marcial thus stayed undefeated in the professional ranks with an 8-0 card laced

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Manila Times Business

Google's Gemini AI carried out cyberattacks, guessed passwords

WASHINGTON, D.C. — Google's consumer AI model Gemini hacked multiple systems through guessing login credentials, the company told Agence France-Presse on Friday, the latest case of rogue AI cybersecurity transgressions, which have generated safety concerns. The hacks, first reported by the Wall Street Journal, took place in May and were discovered by Google in July. "In a standard evaluation, the model found public information online and guessed credentials to access websites it thought we

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Manila Times Business

WATCH: Air quality in Cebu ‘acutely unhealthy’

Metro Cebu’s air quality almost reached emergency level early Sunday, with the Air Quality Index (AQI) peaking at 296 as haze from Indonesian wildfires continued to affect the region. The Environmental Management Bureau Central Visayas (EMB 7) recorded the peak reading at 1 a.m. Sunday, Sept. 20. The AQI remained in the ‘acutely unhealthy’ range of 201 to 300, just five points below the 301 threshold for the emergency classification. EMB 7 advised the public to limit outdoor ex

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